Debt ceiling issue – What are the solutions that the experts give

It is already official that the US government had hit the debt ceiling on the 16th of May, 2011. Tim Geithner, the Secretary of the Treasury Department had then said that the he would have to suspend all of the investments into the federal retirement funds till the 2nd of August in order to create opportunity for the federal government; so that the government could borrow in the debt market. He however, mentioned that this in no way is going to affect the retirees and the employees.

The debt ...